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FIV

First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest

Delisted

FIV was delisted on the 9th of December, 2021.

44 hedge funds and large institutions have $67.2M invested in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

2% more funds holding

Funds holding: 4344 (+1)

1% more capital invested

Capital invested by funds: $66.5M → $67.2M (+$757K)

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
16
Reduced
13
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BRWM
26
B. Riley Wealth Management
Tennessee
$223K
SW
27
SVB Wealth
Massachusetts
$221K
RFM
28
Royal Fund Management
Florida
$212K +$8.01K +898 +4%
NCM
29
Narwhal Capital Management
Georgia
$209K +$62K +6,960 +42%
PCM
30
Pointe Capital Management
Michigan
$199K
WS
31
Wedbush Securities
California
$199K +$1.02K +114 +0.5%
BF
32
BOK Financial
Oklahoma
$161K +$17.5K +1,958 +12%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$154K
RJFSA
34
Raymond James Financial Services Advisors
Florida
$130K +$31.2K +3,500 +31%
Janney Montgomery Scott
35
Janney Montgomery Scott
Pennsylvania
$120K +$121K +13,600 New
WSTAM
36
Wilbanks Smith & Thomas Asset Management
Virginia
$114K +$115K +12,900 New
WAM
37
Wolverine Asset Management
Illinois
$73K -$819K -91,900 -92%
BWM
38
BerganKDV Wealth Management
Minnesota
$46K +$36.2K +4,064 +342%
APA
39
American Portfolios Advisors
New York
$34.5K
AIC
40
Ameritas Investment Company
Nebraska
$22K +$21.8K +2,445 New
EIP
41
Ellis Investment Partners
Pennsylvania
$15K +$152 +17 +1%
CHC
42
City Holding Co
West Virginia
$13K
Northern Trust
43
Northern Trust
Illinois
$2K +$178K +20,000 New
RCM
44
Rivernorth Capital Management
Florida
$876 -$399K -44,716 -31%
PAS
45
Partnervest Advisory Services
California
-$293K -32,912 Closed
PAG
46
Private Advisor Group
New Jersey
-$267K -30,000 Closed
AIM
47
Axiom Investment Management
New York
-$192K -21,500 Closed
DADC
48
D.A. Davidson & Co
Montana
-$116K -13,000 Closed
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
-$9K -1,000 Closed

FIV Hedge Fund Activity: Q3 2019 in Review

44 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) for Q3 2019, worth a combined $67.2M — up 1.1% from $66.5M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FIV positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 13 trimmed.

The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $1.83M. The largest seller was Morgan Stanley, cutting an estimated $2.96M.

  • 44 institutional investors held First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest (FIV) as of Q3 2019, up from 43 in Q2 2019.
  • Funds reported $67.2M of First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest stock for Q3 2019, up 1.1% quarter-over-quarter.
  • 6 funds opened new First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest positions in Q3 2019 and 5 closed out, a net change of +1 holder.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest buyer in Q3 2019 was Virtus ETF Advisers, an estimated $1.83M added.
  • The largest First Trust Senior Floating Rate 2022 Target Term Fund Common Shares of Beneficial Interest seller in Q3 2019 was Morgan Stanley, an estimated $2.96M sold.

Based on aggregated 13F filings for Q3 2019.